A Texas-sized mystery: who will own the enormous $725 million Waggoner ranch? | Read more
A three-hour drive north-west of Dallas, Waggoner ranch spans about 800 square miles across six counties, making it far bigger than greater London and two-thirds the size of the smallest US state, Rhode Island. The sales brochure calls it “a giant piece of Texas history” – with a price tag to match. The Waggoner was listed at $725m.
The ranch was founded in 1849 and has remained in the Waggoner family, but heirs spent decades quarrelling over its future before a judge finally approved a plan to sell it. Bidding closed Tuesday – but the identity of the new owner remains a mystery for now. | Read more